Plan Snapshot
- Plan Sponsor: Solar Therapeutics INC.
- Sponsor EIN: 823644660
- Sponsor Address: 1400 BRAYTON POINT RD, SOMERSET, MA, 027252307
- Plan Type: 401(k)
- Total Participants: 170
- Total Assets: $902,319
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 170 | $902,319 | $1,978 | $307,606 |
| 2023 | 193 | $674,281 | $0 | $318,556 |
| 2022 | 168 | $243,821 | $0 | $230,431 |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| AAFCPAS | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- AAFCPAS — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $9,142 | — | $9,142 | — | — |
| 2023 | $3,378 | — | $3,378 | — | — |
| 2022 | — | — | — | — | — |